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15.—(1) In addition to the review carried out under section 67 (review) of the Regulatory Enforcement and Sanctions Act 2008, the Welsh Ministers must from time to time review the regulatory provision contained in these Regulations and publish a report setting out the conclusions of the review.
(2) The first report must be published before the end of the period of 5 years beginning with the day on which these Regulations come into force.
(3) Subsequent reports must be published at intervals not exceeding 5 years.
(4) A report published under this regulation must, in particular—
(a)set out the objectives intended to be achieved by the regulatory provision in these Regulations,
(b)assess the extent to which those objectives are achieved,
(c)assess the extent to which those objectives remain appropriate, and
(d)if those objectives remain appropriate, assess the extent to which they could be achieved in another way which involves less onerous regulatory provision.
(5) In this regulation, “regulatory provision” has the same meaning as in section 32 of the Small Business, Enterprise and Employment Act 2015(1).
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